N.M. Code R. § 13.9.14.2
Scope
Effective Nov 30, 2001State of New Mexico
- A. This rule applies to all group and individual life insurance policies and certificates sold on or after October 1, 1998.
B. This rule does not apply to:
(1) variable life insurance;
(2) individual and group annuity contracts;
(3) credit life insurance; or
(4) life insurance policies with no illustrated death benefits on any individual exceeding $10,000.
[10/1/98; Recompiled 11/30/01]